A Demat account is a repository where the digital copies of your stocks can be stored and managed with an aim of facilitating safe, easy and convenient trade for users. It is just like a bank account, the only difference being that when a bank account holds cash, the Demat account holds shares and securities. Those doing online trading in the stock market will find the entire procedure of investing, trading, holding, and monitoring faster, convenient and cost-efficient. It also allows the investor to buy and sell or hold a whole lot of products, other than shares and stocks, be it bonds, mutual funds, government securities, or exchange-traded funds. All this can be done from the comforts of your home with the click of a mouse, and without any paperwork.